Fidelity Bank Plc has vowed to promote environmental sustainability, stressing the need to reduce carbon footprints and low carbon economy across institutions in the state with their corporate social responsibility(CSR) initiative.
Its CSR Initiative, he stressed, is aimed at expanding plastic waste collection in Nigeria both in corporate, LCDAs and manufacturing sectors.
The bank stated that the determination to initiate waste recycling projects in schools was geared to bolster environmental sustainability and cleaner productions across institutions and corporate sectors in the state while reducing the harmful effect of carbon footprints and waste pollution.
Also, in a move to drive sustainable outcomes in waste recycling, Fidelity Bank joined collaborative partnerships with Wecyclers to expand their franchise and waste collection model to improve environmental sustainability.
Under this partnership, Wecyclers will help locals, corporate firms and organisations to create value and jobs from the reduction, collection, recycling, and reusing of plastic waste.
Fidelity Bank also expressed the need to expand its CSR activities from top to bottom level through its people-oriented social work policy to drive corporate social responsibility programmes to improve the living conditions of host communities and other businesses within the purview of its CSR projects.
The move, according to the bank, is apt to bolster communities with impactful health outcomes, cleaner productions and eco-friendly needs while improving income for thousands of waste sorters to significantly scale up plastic waste recovery.
The Emerald class of the banking institution sought the need to expand CSR initiative by tackling waste and reducing carbon footprints around institutions through the donation of waste recycling tools to help reduce the amount of waste deposits.
Speaking earlier, CSR Team of Fidelity Bank, Victoria Abuka, said Fidelity Bank is integrated into the culture of giving, community relations with their involvement of CSR projects across various MDAs in the country.
Abuka said, Fidelity bank intervention efforts at recycling plastic waste was geared to reduce plastic waste pollution in critical sectors of the economy adding that this informed their intervention in areas of environmental beautification, waste recycling, renovations of medical laboratories and several other intervention programmes and advocacy to drive environmental practices.
Commenting on the Recycling Bin project, vice principal, Special duty, FSTC, Usman Aliko said, the project will help to preserve the environment and reduce solid waste disposal.
He added that the social impact of the project will help to reduce the rowdiness of pet bottles on soil deposits, adding that the student will learn environmental education to learn effective waste disposal.
He said, the waste bin recycling will improve recyclable waste and engage students in the real processing of waste disposal to learn the value chain of waste recycling.
Vice principal, Queen College Yaba, Mrs. Oyindamola Obabori said, the waste recycling projects will educate the students to learn the values of recycling plastic waste while stressing that, the innovation will attract more infrastructure to the school and make it a more enabling environment for students to learn.
Also speaking, business development Associate, Wecyclers Nigeria, Folakemi Adekunle said Wecyclers is a processing hub that is committed to collection of plastic waste recovery adding that Wecyclers maintains a timely collection of plastic waste.